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Author Topic: Bitcoin Price Is Now Moving Up  (Read 3852 times)
QuantumFoam
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January 18, 2017, 10:22:53 AM
 #61

We might see some ups and downs in near future but I don't think bitcoin will fall below $500 anytime in next period. Growth of bitcoin is directly linked with the user base of bitcoin and the correlation between demand and supply is the single crucial element which determines price of the bitcoin. Bitcoin will eventually reach new milestones but with many ups and downs on the price chart.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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January 18, 2017, 10:38:39 AM
 #62

It is a good sight. It has shown that USA president has made some obvious effect on Bitcoin. After the 20 of January, the prices will increase significantly because we are about to see Donald Trump officially become the new President USA. We witnessed how Trump affect the economy when he won the election Smiley Soon, very soon guy. Bitcoin will reach $1000 again
Yes you're right, I also predict after Trump officially became president on January 20, bitcoin prices will slowly increase. There will be a lot of policies from Trump that will benefit bitcoin. Trump made a controversial policy that will affect the world economy, and this will indirectly make bitcoin prices increased slowly. We will see what will happen to the bitcoin after Trump officially became president.
Trum's victory will likely have some impact on Bitcoin, but I don't think the impact will be as significant compared to the effect of other events. I think it all depends on the number of users who adopt the currency over the years, and this requires projects and marketing so that the currency reaches a larger number of people.

I think that the arrival of Bitcoin ETFs this year may bring benefits to Bitcoin. In addition, there are other projects being developed by major investors, such as Kim Dotcom, whose purpose is to facilitate the use of Bitcoin for mainstream adoption.
Sorry friend if I may justify me not talking about the victory Trump, but I talked after Trump became the president. I believe Trump policy will affect the world economy becomes unstable, and that there is potential for many people to go use bitcoin. Thus indirectly will make bitcoin prices to rise. I think this significantly impacts and long-term, but we will see what will happen.
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January 18, 2017, 10:39:13 AM
 #63

We might see some ups and downs in near future but I don't think bitcoin will fall below $500 anytime in next period. Growth of bitcoin is directly linked with the user base of bitcoin and the correlation between demand and supply is the single crucial element which determines price of the bitcoin. Bitcoin will eventually reach new milestones but with many ups and downs on the price chart.

I agree with you. The price of bitcoin is tied directly to the Fanbase of bitcoin. So, If more people, Organizations, and countries accepts and use Bitcoin either as an official payment method or as a currency like fiat, Then the price will become even more stable. right now, The price is going up and down because It is being controlled by whales.

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January 18, 2017, 10:52:25 AM
 #64

Price bitcoin it looks up drastic today, I worry if the rise too drastic would plunging again to lowest level. Maybe after Chinese new year price will reach $ 1,000 or more.
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January 18, 2017, 03:24:59 PM
 #65

And now iT is dropping in price  Angry
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January 18, 2017, 11:32:49 PM
 #66

And now iT is dropping in price  Angry

Yes, too bad. But for me, it is better that the price changes (go up or go down) than just being constant. It suggest that the community is really active!

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January 18, 2017, 11:46:52 PM
 #67

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

The price of bitcoin is around $800-$900 right now. The price is easily decrease and increase right now, but looking from the graph, the price is increase slowly. I think bitcoin still moving up but just be careful about the drop.
Wow its nice to hear that bitcoin is moving up now i wish that bitcoin increase in $1000 before this month end so in that way we can now withdraw our bitcoin balnce in our Bank account with higher  change and our money now can help our family to buy a foods , things and so much more more that our money can helps to others for me i will give my money to a poor people so in that he can now eat
The price had reached $1200, recent price is $873 after yesterday at $900.
Looking at this fluctuations trend may normal but any manipulation will affect to fall or rise.
Daily traders are in action to buy and sell as much as they could afford and that what it is right now.
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January 18, 2017, 11:52:40 PM
 #68

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

The price of bitcoin is around $800-$900 right now. The price is easily decrease and increase right now, but looking from the graph, the price is increase slowly. I think bitcoin still moving up but just be careful about the drop.
Wow its nice to hear that bitcoin is moving up now i wish that bitcoin increase in $1000 before this month end so in that way we can now withdraw our bitcoin balnce in our Bank account with higher  change and our money now can help our family to buy a foods , things and so much more more that our money can helps to others for me i will give my money to a poor people so in that he can now eat
The price had reached $1200, recent price is $873 after yesterday at $900.
Looking at this fluctuations trend may normal but any manipulation will affect to fall or rise.
Daily traders are in action to buy and sell as much as they could afford and that what it is right now.

I just wish that WHALES will stop playing now.

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January 18, 2017, 11:55:38 PM
 #69

We might see some ups and downs in near future but I don't think bitcoin will fall below $500 anytime in next period. Growth of bitcoin is directly linked with the user base of bitcoin and the correlation between demand and supply is the single crucial element which determines price of the bitcoin. Bitcoin will eventually reach new milestones but with many ups and downs on the price chart.

I agree with you. The price of bitcoin is tied directly to the Fanbase of bitcoin. So, If more people, Organizations, and countries accepts and use Bitcoin either as an official payment method or as a currency like fiat, Then the price will become even more stable. right now, The price is going up and down because It is being controlled by whales.
So more of the consumers it has the more stable the price will be? Isn't that how other currencies are controlled but they are regulated right? Isn't that the only way bitcoin will be stable enough to have the price not shoot from left to right? I doubt anybody here on this forum wants that to happen. It is free market so we all have to accept it's unstability.
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January 19, 2017, 12:27:33 AM
 #70

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

The price of bitcoin is around $800-$900 right now. The price is easily decrease and increase right now, but looking from the graph, the price is increase slowly. I think bitcoin still moving up but just be careful about the drop.
Wow its nice to hear that bitcoin is moving up now i wish that bitcoin increase in $1000 before this month end so in that way we can now withdraw our bitcoin balnce in our Bank account with higher  change and our money now can help our family to buy a foods , things and so much more more that our money can helps to others for me i will give my money to a poor people so in that he can now eat
The price had reached $1200, recent price is $873 after yesterday at $900.
Looking at this fluctuations trend may normal but any manipulation will affect to fall or rise.
Daily traders are in action to buy and sell as much as they could afford and that what it is right now.

I just wish that WHALES will stop playing now.

Why would they? This manipulation generates the large players millions in profits every year. I am sure if you was sitting in their position that you would do the same. It's not all that bad. If you have some level of market understanding in combination with trading experience, then you can benefit from this volatility as well. And I am sure if you figured out how to benefit from these price fluctuations, that you will change your way of thinking completely. It won't be a negative aspect anymore.
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January 19, 2017, 01:09:47 AM
 #71

I think the bitcoin's price will now go up after some time being below $800 - may it be slowly.

The price of bitcoin is around $800-$900 right now. The price is easily decrease and increase right now, but looking from the graph, the price is increase slowly. I think bitcoin still moving up but just be careful about the drop.
Wow its nice to hear that bitcoin is moving up now i wish that bitcoin increase in $1000 before this month end so in that way we can now withdraw our bitcoin balnce in our Bank account with higher  change and our money now can help our family to buy a foods , things and so much more more that our money can helps to others for me i will give my money to a poor people so in that he can now eat
The price had reached $1200, recent price is $873 after yesterday at $900.
Looking at this fluctuations trend may normal but any manipulation will affect to fall or rise.
Daily traders are in action to buy and sell as much as they could afford and that what it is right now.

I just wish that WHALES will stop playing now.

Why would they? This manipulation generates the large players millions in profits every year. I am sure if you was sitting in their position that you would do the same. It's not all that bad. If you have some level of market understanding in combination with trading experience, then you can benefit from this volatility as well. And I am sure if you figured out how to benefit from these price fluctuations, that you will change your way of thinking completely. It won't be a negative aspect anymore.

Well, you are really right, that if I am in their positions. But as of now, I am not there yet, I hope one day I could join them.

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January 19, 2017, 01:20:21 AM
 #72

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.
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January 19, 2017, 02:42:20 AM
 #73

Sorry but, how would it be related to Trump??
Price in assets, currencies, or stocks not only move for technical or economical reasons, political news can affect the price of anything, when the news came Trump was leading the election the Mexican peso took a hit immediately and has lost value since then despite nothing has happen yet.
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January 19, 2017, 04:17:08 AM
 #74

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.

I hope so too, let us see what will happen next.  As far as I can see it, when the price move upward, accumulation phase of some group is done and now they are waiting for it to go up, so we can expect a rally now.  I hope market don't turn bearish after this accumulations and corrections.
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January 19, 2017, 04:32:19 AM
 #75

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.

I hope so too, let us see what will happen next.  As far as I can see it, when the price move upward, accumulation phase of some group is done and now they are waiting for it to go up, so we can expect a rally now.  I hope market don't turn bearish after this accumulations and corrections.
Lots of us is monitoring the movements of btc as we are all knew that certain fluctuations will keep happen and theres no exact barrier with the price and most of whales are really playing in good positions so we need to be extra careful and always play in a positive way never sell when you are at lost because price will bounce back as expected.

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..PLAY NOW..
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January 19, 2017, 04:54:01 AM
 #76

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.

I hope so too, let us see what will happen next.  As far as I can see it, when the price move upward, accumulation phase of some group is done and now they are waiting for it to go up, so we can expect a rally now.  I hope market don't turn bearish after this accumulations and corrections.

the price is not going to up for a while because i see in the poloniex and bitstamp, the price is not yet reach more than $900 and now its down a little. i hope that the price will go up soon before the end of january. if we see in the chart, the price is up and down in many time and the line is flat line, i am a little confusing to predict where the price want to go.



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xianbits (OP)
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January 19, 2017, 07:15:31 AM
 #77

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.

I hope so too, let us see what will happen next.  As far as I can see it, when the price move upward, accumulation phase of some group is done and now they are waiting for it to go up, so we can expect a rally now.  I hope market don't turn bearish after this accumulations and corrections.
Lots of us is monitoring the movements of btc as we are all knew that certain fluctuations will keep happen and theres no exact barrier with the price and most of whales are really playing in good positions so we need to be extra careful and always play in a positive way never sell when you are at lost because price will bounce back as expected.

Yes, "never sell when you are at lost". It's now in my mind.

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January 19, 2017, 07:26:12 AM
 #78

The price is moving with a lot of nervousness in the range of 830-930. I do not know what will be the direction of the next big rally (I hope it is up again  Grin), but what I'm sure is that this uncertain behavior will not last for long.

I hope so too, let us see what will happen next.  As far as I can see it, when the price move upward, accumulation phase of some group is done and now they are waiting for it to go up, so we can expect a rally now.  I hope market don't turn bearish after this accumulations and corrections.

the price is not going to up for a while because i see in the poloniex and bitstamp, the price is not yet reach more than $900 and now its down a little. i hope that the price will go up soon before the end of january. if we see in the chart, the price is up and down in many time and the line is flat line, i am a little confusing to predict where the price want to go.

it is because you saw the result of the rise not from the start.
if you were a trader and checking the price every minute you could clearly see the price rise starting from lower $800 to $850 and then by the mid day it was $880 and finally the price you saw the $900

anyways it was a nice rise and good test showing market is ready for the rise and it was a good short term opportunity to make some profit for the next accumulation phase.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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January 19, 2017, 09:22:27 AM
 #79

Exactly, now bitcoin is $892, its mean bitcoin will be again come cross $900. I don't know why people said that Trump is the reason of bitcoin price going to up, But in my thinking it is not because the previous years bitcoin has been come cross at $800 to $1000. So in that time, Trump was not here, but China still control it. So let see what happen in this year, because me and you only could predict but future tell us what will be the reality. 
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January 19, 2017, 09:38:35 AM
 #80

Bitcoin price is slowly moving upward as mentioned by most of the beneficiaries, at the same recent growth too have gained increase in value of the altcoins that are in use. This has made more users to invest on those altcoins for a better profiting as in few coins the value has got doubled but the volatility still in the high rise.
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